FORTY-EIGHTH LEGISLATURE
SECOND SPECIAL SESSION, 2008
August 18, 2008
Mr. Speaker:
Your TAXATION AND REVENUE COMMITTEE, to whom has been referred
SENATE FLOOR SUBSTITUTE FOR
SENATE BILL 24
has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:
1. On page 2, strike lines 8 through 25 in their entirety and insert in lieu thereof:
"(1) married taxpayers filing jointly:
Adjusted Gross Income |
Credit Amount for Taxpayer and Spouse |
Additional Credit Amount for Each Dependent |
|
Over |
Not Over |
||
|
$60,000 |
$180 |
$36.00 |
$60,000 |
$70,000 |
$120 |
$24.00 |
$70,000 |
|
$ 0.00 |
$ 0.00; or |
(2) taxpayers filing as single, head of household, married filing separately or as a surviving spouse:
Adjusted Gross Income |
Credit Amount for Taxpayer |
Additional Credit Amount for Each Dependent |
|
Over |
Not Over |
||
|
$60,000 |
$90.00 |
$36.00 |
$60,000 |
|
$ 0.00 |
$ 0.00. |
and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE.
Respectfully submitted,
Edward C. Sandoval, Chairman
Adopted Not Adopted
(Chief Clerk) (Chief Clerk)
Date
The roll call vote was 13 For 0 Against
Yes: 13
No: 0
Excused: Hanosh, Taylor, T.
Absent: Arnold-Jones
.173943.1
Z:\Amend_08s\SB0024TR1.wpd